Latest Uranium Market News

Paladin Energy Ltd has launched a significant A$300 million underwritten equity raising to advance its Patterson Lake South uranium project and support the ramp-up of its Langer Heinrich Mine, reinforcing its position in the global uranium market.

Paladin Energy has launched a fully underwritten A$300 million equity raising to advance its Patterson Lake South uranium project, aiming for a Final Investment Decision and first production by 2031.

Peninsula Energy has completed a fully underwritten A$69.9 million equity raising, positioning the company to accelerate uranium production at its key Lance Project in Wyoming.

Infini Resources has launched a significant Phase 2 drilling program at its Portland Creek uranium project in Canada, aiming to unlock a potentially world-class uranium deposit amid a tightening global supply landscape.

Snow Lake Energy has completed its strategic investment in American Uranium Limited, acquiring a 9.9% stake and board representation, strengthening ties between adjacent uranium projects in Wyoming amid a U.S. nuclear energy resurgence.

Bannerman Energy has locked in two binding offtake agreements with major North American utilities for 1 million pounds of uranium from its Etango project, marking a significant milestone ahead of its final investment decision.

Lotus Resources has completed a A$65 million placement to bolster its uranium projects in Malawi and Botswana, positioning itself for steady production and future expansion.

Lotus Resources has achieved a pivotal milestone by producing its first yellowcake at the Kayelekera Uranium Mine, marking its emergence as a global uranium producer. The company targets ramping up production to 200,000 pounds per month by early 2026.

Boss Energy reports a strong financial foundation with positive operating cash flow and a robust balance sheet in FY2025, its first full year of uranium production. Despite a net loss driven by non-cash costs, the company positions itself for growth amid rising uranium prices.

Paladin Energy’s 2025 Annual Report reveals a pivotal year marked by operational ramp-up at Namibia’s Langer Heinrich Mine and the strategic acquisition of Fission Uranium in Canada, positioning the company for multi-decade growth amid a tightening uranium market.

QX Resources has acquired 100% of the Madaba Uranium Project in Tanzania, a site with promising historical uranium grades, and is raising $2.3 million to advance exploration and development.

Global Uranium and Enrichment Limited reports promising initial drill results from its Pine Ridge Uranium Project in Wyoming, confirming significant uranium mineralisation and expanding its land holdings.